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Topic: Bitmain Antminer A3 earning $500 a day mining SIAcoin . .WHAT?! Results & Stats - page 15. (Read 11760 times)

member
Activity: 262
Merit: 11
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Guys watch out for the A3, bitmain is manipulating the difficulty. After seeing the A3 staying in stock they prolly disconnected their miners to make it profitable again so they can sell their march batch. yesterday it was doing 17$ a day, and after Bitmain put their March batch for sale the difficulty went to -50%. I bet that after selling out all the A3 the difficulty will double again.



What the heck u talking about?   The difficulty algorithm is trying very hard to reduce the difficulty in oder to target a 10 minute block discovery cycle.  ASICs caused the network hash rate to increase and block times to go back to 30 minutes.  I expect A3 to be mining 1200-1600 SC a day within a week. Right now it is mining ~1000 SC a day.

https://siamining.com/stats

Gotta be level headed.  You see people freakin out all over the place, fire selling their miners etc.   By my calcs, most batch 1 A3 buyers will have ROI'd by the time the 2nd A3 batch comes online in late March.  Then profits reduced from ~$30-50/day to $10-20/day assuming SC price stays around these levels.
member
Activity: 140
Merit: 17
I just got my A3 today....so what's the best pool for SC right now?
https://siamining.com/
newbie
Activity: 41
Merit: 0
Or could it be that the "second batch" WAS Bitmain's "internal mining use" machines and they decided to dump them out while there was still a market for them?

 Nah....


 They dropped the price BECAUSE profitability died - VERY OLD pricing tactic on the part of Bitmain.



Makes me scared to buy an ASIC unless I can get one in the very first batch like VoskCoin did.
member
Activity: 434
Merit: 52
I just got my A3 today....so what's the best pool for SC right now?

I like luxor. They pay out regularly and have a good interface, plus they are large but not the dominant and they donate back to the SIA devs.

sia.luxor.tech
newbie
Activity: 3
Merit: 0
Its logo is same Bitbase (Scam)
member
Activity: 434
Merit: 52

Now . Profit 4$/day . HAHAHAHA

No idea what hashrate you entered in there, but mine is currently doing about $35/day. You may have entered the hashrate in MH, not GH...
legendary
Activity: 1498
Merit: 1030
Or could it be that the "second batch" WAS Bitmain's "internal mining use" machines and they decided to dump them out while there was still a market for them?

 Nah....


 They dropped the price BECAUSE profitability died - VERY OLD pricing tactic on the part of Bitmain.

jr. member
Activity: 162
Merit: 2
Guys watch out for the A3, bitmain is manipulating the difficulty. After seeing the A3 staying in stock they prolly disconnected their miners to make it profitable again so they can sell their march batch. yesterday it was doing 17$ a day, and after Bitmain put their March batch for sale the difficulty went to -50%. I bet that after selling out all the A3 the difficulty will double again.


They'd get the fork for that they have been warned they know better, I assume second batch is $980 because the fear this created dipping the sales. Will they do the same with Decred? If they do I believe they do deserve to get knocked around a little
legendary
Activity: 1456
Merit: 1000
Antminer A3 is on the way to become another useless D3, 1 week ago the A3 would make you a whopping 19K USD a month, today it is at 1K.
The more A3's they create the more your earnings go with it, but antminer will always make a profit in the process.

I bought mine at 2230 USD, now they selling at 980USD!!!!  Huh


so here is my issue.  I have a mar 15 batch I bought off Ebay for $2400.   I can cancell the sale tomorrow but I have reservations about screwing up the sellers sale....maybe I'm looking to hard at this.   What do you say ?  Cancell and get my $2400 back?  If so any better ideas on what to spend it on hardware wise?  I'm duel mining ETH and Sia.   Took me about a month to mine 500 Sia with 4 1080TI cards.   Should i stop dual mining and just mine ETH?   Thanks

If you already paid I believe you will need seller to agree and to cancel it on their side. I doubt seller will do this on their own.   If you have not paid the bigger thing then the feedback is you get counted as a non-payment buyer.  If it happens multiple times it can hurt your account ( https://pages.ebay.com/help/policies/unpaid-item.html ).

I know it stinks with news of new price.  But you really should go through with buying it.  
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
Guys watch out for the A3, bitmain is manipulating the difficulty. After seeing the A3 staying in stock they prolly disconnected their miners to make it profitable again so they can sell their march batch. yesterday it was doing 17$ a day, and after Bitmain put their March batch for sale the difficulty went to -50%. I bet that after selling out all the A3 the difficulty will double again.



This is complete FUD

Review my payout history and feast your eyes upon facts
https://goo.gl/S3o5Yz
newbie
Activity: 53
Merit: 0
Yup. Until about 2 or three other companies release asics Bitmain will have full control. (or fork but yeah.....)
newbie
Activity: 2
Merit: 0
Guys watch out for the A3, bitmain is manipulating the difficulty. After seeing the A3 staying in stock they prolly disconnected their miners to make it profitable again so they can sell their march batch. yesterday it was doing 17$ a day, and after Bitmain put their March batch for sale the difficulty went to -50%. I bet that after selling out all the A3 the difficulty will double again.

sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
Take a look:

https://siamining.com/stats

looks like all of batch 1 is working now ..  now lets mine and hope not to much baikal giant b's coming up Wink
luckily my a3's arrived at the 17th of january so i roi'd already ..



Giant B's are pointless to point at siacoin imo
https://youtu.be/fB33Om_WON0


So Vosk, whats that Antminer doing today? Looks like 1,000 Sia every 24hrs. Am I doing the math right? Because it looks like a big drop in a week as far as daily earnings. Im prob doing the math wrong


1000 sc a day basically / ~$34 usd
can watch it here -> https://goo.gl/S3o5Yz
newbie
Activity: 53
Merit: 0
About right. Mine is doing around 1k daily. A far cry from $500 a day but ROI is reasonable until Bitmain start firing up their March batches for 'testing' or another company's asic hits the mean crypto-streets.
sr. member
Activity: 439
Merit: 250
Take a look:

https://siamining.com/stats

looks like all of batch 1 is working now ..  now lets mine and hope not to much baikal giant b's coming up Wink
luckily my a3's arrived at the 17th of january so i roi'd already ..



Giant B's are pointless to point at siacoin imo
https://youtu.be/fB33Om_WON0


So Vosk, whats that Antminer doing today? Looks like 1,000 Sia every 24hrs. Am I doing the math right? Because it looks like a big drop in a week as far as daily earnings. Im prob doing the math wrong
newbie
Activity: 164
Merit: 0
full member
Activity: 167
Merit: 100
relax, if you are first in the line you can always profit and this is long term investment, everyone knew that it will stop doing 500$ very quickly
jr. member
Activity: 162
Merit: 2
Antminer A3 is on the way to become another useless D3, 1 week ago the A3 would make you a whopping 19K USD a month, today it is at 1K.
The more A3's they create the more your earnings go with it, but antminer will always make a profit in the process.

I bought mine at 2230 USD, now they selling at 980USD!!!!  Huh


so here is my issue.  I have a mar 15 batch I bought off Ebay for $2400.   I can cancell the sale tomorrow but I have reservations about screwing up the sellers sale....maybe I'm looking to hard at this.   What do you say ?  Cancell and get my $2400 back?  If so any better ideas on what to spend it on hardware wise?  I'm duel mining ETH and Sia.   Took me about a month to mine 500 Sia with 4 1080TI cards.   Should i stop dual mining and just mine ETH?   Thanks

If you have the option to cancel that means they're aware it may happen..
newbie
Activity: 2
Merit: 0
Also, A3 has been available for three hours today (distributed over the entire day) and is available for $ 980 just as we speak.
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